For the stock market trading session on 20 November 2019, major support level of Nifty is expected to be in the range of 11,800 to 11,715 whereas major resistance level is expected to be in the range of 12,000 to 12,040. Considering the prevailing condition of the market, here are top stocks to watch for 20 November 2019
Share price of Corporation Bank (CORPBANK) on Tuesday locked at 20 percent upper circuit. Stock has jumped over 68.5 percent in the past three trading sessions after the successful resolution of Essar Steel case.
Muthoot Finance Limited:
As on 19 November 2019 Muthoot Finance Limited (MUTHOOTFIN) declined 1.75 percent from its all-time high of 737.25 after it acquired a stake in IDBI Bank's mutual fund unit.
Yes Bank Limited:
As on 19 November 2019 share price of Yes Bank Limited (YESBANK) declined over 2 percent intraday after promoters sold their remaining stake in the private lender.
Dilip Buildcon Limited:
Share price of Century Dilip Buildcon Limited (DBL) increased as much as 4.64 percent intraday after company said it has bagged an order from Northern Coalfields Ltd, a subsidiary of Coal India worth Rs 2,122.74 crore.
Vodafone Idea Limited:
As on 19 November 2019 share price of Vodafone Idea Limited (IDEA) rallied over 39 percent ahead of price hike with effect from 1 December 2019.
Bharti Airtel Limited:
As on 19 November 2019 share price of Bharti Airtel Limited (BHARTIARTL) rallied over 9 percent after price hike. In past three trading sessions stock has rallied over 22 percent.
Power Finance Corporation Limited:
As on 19 November 2019 Power Finance Corporation Limited (PFC) opened with a positive note and traded sideways throughout the day. It closed at its 3-month high. Scrip is trading above its 50 & 200 Day EMAs.
Reliance Industries Limited:
Reliance Industries Limited became the 1st Indian company to cross Rs 9.5 lakh crore market cap. As on 19 November 2019 share price of Reliance Industries Limited (RELIANCE) jumped 3.9 percent to hit its all-time high of 1514.90.
Glenmark Pharmaceuticals Limited:
On 19 November 2019 after positive movement for three consecutive trading sessions, share price of Glenmark Pharmaceuticals Limited (GLENMARK) closed with overall loss of 4.45 percent. It opened with a positive note and traded with negative sentiments throughout the day. Script did not breach its 100-day EMA.
Cadila Healthcare Limited:
Share price of Cadila Healthcare Limited (CADILAHC) closed positive for Consecutive fifth trading session. As on 19 November 2019 stock has closed with marginal gain of 0.56 percent on daily basis.